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$2,199,999   Price Analysis
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22931 Burbank Blvd
Woodland Hills, CA 91367
11 bed 5 bath 4,100 SqFt ($536/SqFt)
0.42 acre lot. Built 1954
Listed 2024-04-22, Taxes $12,108
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Amazing investment opportunity in Prime Woodland Hills location!

Three remodeled homes on a huge flat lot of over 18k sq ft, .First Home is 5 bedrooms 2 bathrooms, remodeled, private large yard, inside laundry room, Vaulted ceilings, open concept floor plan .Second home s two bedrooms one bath new kitchen remodeled property, vaulted ceilings, inside laundry room, huge private gated yard, impressive deck with outdoor searing and entertainin g area, tropical palm trees remodeled and shows amazing.Third home is separate structure, private parking pad, front court yard, remodeled, four bedrooms two bathrooms, inside laundry room, Open floor plan , private huge gated back yard with trees and turf, private storage shed, property has a long private gated driveway.separate parking areas , room for pool, all three homes are single story .Currently all three are collecting rent, all tenants are month to month, all up to date on rent .

Award winning school district, close to malls, shops and restaurants.Rare opportunity , extraordinary income generator, other option is for multi family living, live in one and rent the others is another available option.To many upgrades and features to mention.a special property.


Presented by Kim Zone at
Beverly and Company.


Property MLS #SR24079638 from CRMLS

Bedrooms: 11

Laundry Features: Individual Room, Washer Hookup

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Full Bathrooms: 5

Balcony
Fencing: Fence YN: Yes, Fencing: Excellent Condition, Vinyl
Other Structures: Shed(s), Storage, Two On A Lot

Lot Description: 2-5 Units/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft, Yard
Lot Size Acres: 0.4161
Lot Size Source: Assessor
Lot Size Square Feet: 18127

Parking Features: Parking YN: Yes, Parking Features: Driveway, Driveway - Combination, Gated
Parking Total: 6

View: Courtyard, Trees/Woods

Number of Units: 3
Bedrooms in Unit-1: 5
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2

Calculated Total Monthly Association Fees: 0
Gardener Expense: 3000.00

Community Features: Street Lights

Source Listing Status: Active
County: Los Angeles
Cap Rate: 7.00
Other Expense: 2400.00
Source Property Type: Residential Income
Inclusions: all appliances, all washers and dryers, all refrigerators
Insurance Expense: 3000.00
Area: WHLL - Woodland Hills
Source Neighborhood: WHLL - Woodland Hills
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 2041013005
Postal Code Plus 4: 4203
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$199,723 + $798,895
$998,618
$12,108
2021$195,807 + $783,231
$979,038
$11,960
2020$193,800 + $775,200
$969,000
$12,080
2019$190,000 + $760,000
$950,000
$11,606
2018$395,723 + $104,997
$500,720
$6,179
2017$387,964 + $102,939
$490,903
$6,043
2016$380,357 + $100,921
$481,278
$5,893
2015$374,644 + $99,406
$474,050
$5,808
2014$367,306 + $97,459
$464,765
$5,836
2013$365,646 + $97,019
$462,665
$5,836
2012$358,477 + $95,117
$453,594
$5,912
2010$351,449 + $93,252
$444,701
$5,786
2009$349,652 + $92,776
$442,428
$5,579
2009$348,823 + $92,556
$441,379
$5,579
2008$342,797 + $90,957
$433,754
$5,343
2007$336,076 + $89,174
$425,250
$5,163

Listed 2024-04-22
$2,199,999
CRMLS
Listed 2024-04-22
$2,199,999
CRMLS
Listing removed 2024-01-02
$0
CRMLS
Price Changed 2023-08-24
$2,299,000
CRMLS
Price Changed 2023-08-03
$2,450,000
CRMLS
Listed 2023-07-18
$2,600,000
CRMLS
Listing removed 2023-07-13
$0
CRMLS
Listing removed 2023-07-13
$0
CRMLS
Listed 2023-06-27
$2,600,000
CRMLS
Listed 2023-06-27
$2,600,000
CRMLS
Listing removed 2020-09-12
$0
CRISNET
Listing removed 2020-08-13
$1,599,999
CRISNET
Listed 2020-03-14
$1,599,999
CRISNET
Listing removed 2020-01-31
$1,690,000
CRISNET
Listing removed 2020-01-31
$11,995
CRISNET
Listing removed 2020-01-31
$11,900
CRISNET
Listing removed 2019-07-30
$1,695,000
CRISNET
Listed 2019-06-25
$1,695,000
CRISNET
Listing removed 2018-10-13
$1,150,000
CRISNET
Sold 2018-10-11
$1,150,000
CRISNET
Listed 2018-09-14
$1,150,000
CRISNET
Listed 2018-09-14
$1,150,000
SanDiegoMLS
Sold 1986-04-14
$150,000
Public Record

Net Operating Income: 127560.00

Total Square Feet Living: 4100
Year Built: 1954
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: front door
Property Age: 70
Property Condition: Updated/Remodeled
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Electric Expense: 5400.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 5400.00
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Woodlake Elementary Community Charter School is a public elementary school located approximately 0.4 miles away.
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George Ellery Hale Charter Academy is a public middle school located approximately 1.2 miles away.
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Child's World School is a private elementary school located approximately 0.6 miles away.
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Ivy Academia Entrepreneurial Charter School is a public elementary, middle and high school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.